In 2021, the fibc industry witnessed the division of product groups and packaging materials. Despite the impact of the pandemic, many packaging companies are seizing growth opportunities by improving product quality.
Especially in 2022, the trend of jumbo bag for sale is strongly developed to promote the economy. This is considered the right direction for many individuals and businesses to revive the import-export market after a period of silence because of Covid-19.
The fibc industry has many growth prospects in 2022
The Covid-19 pandemic has caused significant disruption to the packaging manufacturing market, like other industries, due to customs closures, and restrictions on import and export trade. The broken supply chain, lack of raw materials, and the high price of input materials make consumption activities in the packaging industry stagnate when the world economy is depressed.
The Covid-19 pandemic has caused significant disruption to the packaging manufacturing market, like other industries, due to customs closures, and restrictions on import and export trade
However, it cannot be denied that the packaging industry has made an important contribution to Vietnam's economy with great growth potential and opportunities coming from industry, agriculture... When talking about the outlook for 2022, more than 80% of professionals and businesses believe that the jumbo bag industry will maintain a growth rate, perhaps slightly higher than in 2021.
Strengths of jumbo bags contribute to economic recovery
In general, the packaging industry is segmented into industries such as paper and cardboard, plastic, and textiles, which account for the majority of revenue. Bulk import and export products are often contained in big bags for storage, accounting for more than 80% of the market segment. FIBC bags are made of coated polypropylene fabric in different sizes and loading weights.
Because PP fabric is a highly flexible plastic material, it is extremely widely used in the bulk bags production. A special feature is that the price of PP is also cheaper, helping businesses save a lot of costs for input materials. Besides, the diverse designs and large working loads of up to 2000kg also make bulk bags wholesale a formidable opponent of the traditional packaging line.
FIBC bags are made of coated polypropylene fabric in different sizes and loading weights.
Bulka bags are also eco-friendly as they can be recycled. This is the best way to reduce emissions into the environment and limit the greenhouse effect that causes the earth's climate change.
Expert opinion on the growth of the fibc industry
According to the results of a survey on business reports of packaging companies in Vietnam affected by the Covid-19 pandemic, 37.5% of them are affected but still maintain factory operations to produce products, 25% of companies are not affected and 25% of companies have better performance and 12.5% of companies are still operating well.
There are many dynamics in the packaging industry of the future. Typically, Vietnam and many countries, important export markets for packaging companies, have also turned to new strategies to coexist with Covid-19, with a promising economic recovery prospect in 2022. This will open up growth opportunities for the FIBC packaging industry.
On the other hand, the EVFTA, CPTPP, RCEP and other trade agreements that have been signed will continue to open up export opportunities for agricultural, forestry, and fishery products. Therefore, there is a great demand in the world for high-quality packaging such as coated pp bulk bags or lined super sacks. All have brought great export opportunities for Vietnam's packaging industry.
Production activities of fibc bags at EPP Vietnam
Seizing the opportunity as well as the increasing supply-demand of the packaging industry, EPP VietNam has focused on the important factor that the quality of FIBC bags must improve but the price remains the same. This is the perfect strategy to help EPP become a reputable partner to supply large quantities of big bags for sale for many businesses today.
EPP VietNam has focused on the important factor that the quality of FIBC bags must improve but the price remains the same
Not stopping there, EPP also recruits a team of technicians specializing in market research to produce high-class industrial super sacks that fully meet the requirements of any business. EPP VietNam's motto is to become the focal point to provide the best products and services to customers with Stable Quality, Competitive Prices and Professional Services.
Above is information about the overview of the fibc industry after Covid-19 pandemic compiled by EPP. If you want to buy Jumbo bags, please pick up the phone and call us at +84 986 002 888 for detailed advice.
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